Question: Use the compound interestformula to solve the problem given. Round answers to the nearest cent. A=P(1+r/n)^nt Find the accumulated value of an investment of$10,000 for
Use the compound interestformula to solve the problem given. Round answers to the nearest cent.
A=P(1+r/n)^nt
Find the accumulated value of an investment of$10,000 for 6 years at an interest rate of4% if the money is compounded quarterly.
Please show ALL work. Thank you
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